+84% above market
median 1,333 €/m² for comparable properties
569,000 € 2,452 €/m²
Rent covers ~ 59% of the payment
~ 1,477 €/mo rent · you top up ~ 1,048 €/mo
Sale860,000 €2,945 €/m²
Expected rent1,477 € /mo
~471,000 € ABOVE MARKET
overpriced
against the median for houses in Balchik (329 properties)
Area
292 m²
Land Area
550 m²
Construction
Brick
Year
2016
Yield analysis
Low investment rating
Monthly payment3,816 €20% down payment · 20 yrs · 3%
Expected rent1,477 €at market conditions for the neighbourhood
The rent covers 39% of the payment — you top up about 2,339 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 49 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 471,000 € above the typical price (the median) for houses in Balchik (329 properties) — 2,945 €/m² against 1,333 €/m².
The house is located in Balchik, Dobrich region, and was built in 2016 with brick construction.
The layout includes three levels: ground floor with open space living area, kitchen and dining room, second floor with two bedrooms and a shared bathroom, as well as an attic level with two more bedrooms and a bathroom.
The property has been renovated and equipped with air conditioning, internet, video surveillance and security, featuring its own well and hydrophore system for water supply.
The yard is landscaped with natural materials, includes a pool with jacuzzi, BBQ area and parking spaces. The area offers tranquility and proximity to the sea.
The house is suitable both for permanent residence and for seasonal use or investment in short-term rental.
With 20% down over 20 years the monthly mortgage payment is about 3,816 €, against an expected local rent of 1,477 €. The rent covers 39% of it.
Pros and cons
AI summaryPros
- functional layout
- pool and jacuzzi
- own well
- equipped kitchen
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- With Parking
- Internet Connection
- Active Business
- Video Surveillance
- Security
- Renovated
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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